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Fiscal Policy Response to External Crises the Case of Moldova 1998-2010

Fiscal Policy Response to External Crises the Case of Moldova 1998-2010 »

Source: Fiscal Policy Response to External Crises the Case of Moldova 1998-2010

Volume/Issue: 2012/82

Series: IMF Working Papers

Author(s): Driton Qehaja

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2012

ISBN: 9781475502343

Keywords: international assistance, pension, pension system, tax revenue, retirement, Moldova, Republic of, National Government Expenditures And Related Policies, National Budget, Deficit

External shocks pose major challenges to fiscal policy makers through lower output and large fiscal imbalances. This paper analyzes the case of Moldova, which faced parallel crises a decade apart: the Russian crisi...

Fragmentation and Vertical Fiscal Imbalances Lessons from Moldova

Fragmentation and Vertical Fiscal Imbalances Lessons from Moldova »

Source: Fragmentation and Vertical Fiscal Imbalances Lessons from Moldova

Volume/Issue: 2014/233

Series: IMF Working Papers

Author(s): Serhan Cevik

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 December 2014

ISBN: 9781498313414

Keywords: Vertical fiscal imbalance, subnational governments, revenues, decentralization, subnational, central government, Structure and Scope of Government, Deficit, General, State and Local Taxation

Using a novel municipality-level panel dataset, this paper investigates the empirical characteristics of vertical fiscal imbalances (VFIs) in Moldova over the period 2005-13. The results show that the extent of var...

Government Expenditure Arrears

Government Expenditure Arrears »

Source: Government Expenditure Arrears : Securitization and Other Solutions

Volume/Issue: 1998/70

Series: IMF Working Papers

Author(s): Alberto Ramos

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1998

ISBN: 9781451849127

Keywords: Government arrears, BRO countries, Securitization, Russia, aggregate demand, capital market, capital markets, budget deficit, Kyrgyzstan, Moldova

On occasions, by running arrears, governments have unilaterally borrowed from domestic agents. These agents ended up with implicit claims on the government for which they had no title and that would be honored, at...

IMF approves US$118.2 Million Arrangement Under the Poverty Reduction and Growth Facility with Moldova

IMF approves US$118.2 Million Arrangement Under the Poverty Reduction and Growth Facility with Moldova »

Source: Republic of Moldova : Staff Report for the 2006 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility

Volume/Issue: 2006/184

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 May 2006

ISBN: 9781451825077

Keywords: debt, budget, external debt, interest, deficit, Moldova, Republic of,

This paper discusses the 2006 Article IV Consultation for Moldova and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility. The economic growth of Moldova has continued to be robust,...

IMF Completes First Review of Moldova’s PRGF-Supported Program, Approves US$12 Million Disbursement

IMF Completes First Review of Moldova’s PRGF-Supported Program, Approves US$12 Million Disbursement »

Source: Republic of Moldova : Staff Report for the 2002 Article IV Consultation, First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria

Volume/Issue: 2002/190

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 August 2002

ISBN: 9781451824964

Keywords: debt, external debt, budget, interest, debt service

This paper examines the Republic of Moldova's 2002 Article IV Consultation, First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and a Request for Waiver of Performance Cri...

IMF Concludes 2002 Article IV Consultation with the Republic of Moldova

IMF Concludes 2002 Article IV Consultation with the Republic of Moldova »

Source: Republic of Moldova : Staff Report for the 2002 Article IV Consultation, First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria

Volume/Issue: 2002/190

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 August 2002

ISBN: 9781451824964

Keywords: debt, external debt, budget, interest, debt service

This paper examines the Republic of Moldova's 2002 Article IV Consultation, First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and a Request for Waiver of Performance Cri...

IMF Concludes 2003 Article IV Consultation with the Republic of Moldova

IMF Concludes 2003 Article IV Consultation with the Republic of Moldova »

Source: Republic of Moldova : Staff Report for the 2003 Article IV Consultation

Volume/Issue: 2004/39

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 February 2004

ISBN: 9781451824971

Keywords: debt, external debt, interest, debt service, budget, Moldova, Republic of,

Moldova showed reasonable macroeconomic developments. Executive Directors welcomed this development, and stressed the need to implement prudent macroeconomic policies and accelerate structural reforms to sustain gr...

IMF Concludes 2004 Article IV Consultation with the Republic of Moldova

IMF Concludes 2004 Article IV Consultation with the Republic of Moldova »

Source: Republic of Moldova : Staff Report for the 2004 Article IV Consultation

Volume/Issue: 2005/48

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 February 2005

ISBN: 9781451825022

Keywords: debt, interest, external debt, budget, financial sector, Moldova, Republic of,

This 2004 Article IV Consultation highlights that economic activity in Moldova benefited from a favorable external environment in 2003-04. GDP grew by 6.3 percent in 2003, advancing to 6.5 percent (year over year)...

IMF Concludes 2001 Article IV Consultation with the Russian Federation

IMF Concludes 2001 Article IV Consultation with the Russian Federation »

Source: Russian Federation : Staff Report for the 2001 Article IV Consultation and Post-Program Monitoring Discussions

Volume/Issue: 2002/74

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 April 2002

ISBN: 9781451833003

Keywords: debt, budget, revenues, article, balance of payments

This paper assesses the Russian Federation's 2001 Article IV Consultation and Post-Program Monitoring Discussions. Improved economic performance and reduced external vulnerability were reflected in a strengthening...

IMF Executive Board Approves US$574 million ECF/EFF Arrangements for Moldova

IMF Executive Board Approves US$574 million ECF/EFF Arrangements for Moldova »

Source: Republic of Moldova : Request for a Three-Year Arrangement Under the Extended Credit Facility and Request for an Extended Arrangement

Volume/Issue: 2010/32

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2010

ISBN: 9781451825190

Keywords: debt, budget, deficit, interest, external debt

This paper discusses Moldova's request for a Three-Year Arrangement under the Extended Credit Facility and request for an Extended Arrangement. The economy remained overregulated and hampered by relative price dist...